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Followed 107 Times  
NASDAQ:PLUG

Plug Power - PLUG Stock Forecast, Price & News

$21.32
-0.65 (-2.96%)
(As of 10/6/2022 10:52 AM ET)
Add
Compare
Today's Range
$21.11
▼
$22.72
50-Day Range
$21.01
▼
$30.03
52-Week Range
$12.70
▼
$46.50
Volume
208,186 shs
Average Volume
16.52 million shs
Market Capitalization
$12.34 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$33.86

Plug Power MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
60.3% Upside
$33.86 Price Target
Short Interest
Healthy
11.75% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.13
Upright™ Environmental Score
News Sentiment
0.48mentions of Plug Power in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.99) to ($0.49) Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.45 out of 5 stars

Industrial Products Sector

77th out of 178 stocks

Electrical Industrial Apparatus Industry

2nd out of 9 stocks

See Top Rated MarketRank™ Stocks Here
PLUG stock logo

About Plug Power (NASDAQ:PLUG) Stock

Plug Power Inc. is a green energy play focused on Hydrogen and hydrogen fuel cells and it is the leader in the push toward a green hydrogen economy. Among the many advantages of hydrogen fuel cells are the unlimited supply of hydrogen and the ability to harvest it from renewable, green energy sources. Additionally, power-sensitive industries like Health Care, Data Centers, and Communications services can ensure their own operations by utilizing hydrogen fuel cells as a primary or back-up system.

Plug Power Inc develops, designs, manufactures, markets, installs, and services a line of end-to-end hydrogen and zero-emission fuel cell solutions. These solutions are tailored for supply chain and logistics applications, on-road electric vehicles, and stationary power generation for businesses and industries in North America and internationally.

Green Hydrogen is hydrogen split from a base molecule using electricity generated by sustainable sources such as fuel cells, solar, or wind. One of the most visible uses of hydrogen fuel cells is in warehouse settings where it is used to run loaders and forklifts. The technology not only saves on costs but reduces emissions within an enclosed warehouse or retail space. A few of the companies capitalizing on the technology are Walmart, Amazon, FedEx, and The Home Depot. The company was founded in 1997, went public in 1999, and is headquartered in Latham, New York.

Plug Power’s goal is to build an end-to-end green hydrogen ecosystem that includes green hydrogen production, storage and delivery, and energy generation through a network of grid-connected power stations and refueling points. A key milestone in the company’s history was hit in 2014 when Plug Power, Inc deployed the GenKey solutions for the first time. The GenKey system is a suite of turnkey services that streamlines the upgrade to hydrogen fuel cells. Essentially, Plug Power installs and hen services fully-operational fuel cell systems. These solutions include IoT connectivity for maintenance and servicing that ensures best-in-class uptime for all fuel cell solutions.

Among the company’s many products are proton exchange membrane (PEM) for fuel cells, individual fuel cells and hydrogen fuel processing technologies, and hybrid EV/Hydrogen technologies as well as equipment for hydrogen and green hydrogen generation, storage, and dispensing infrastructure.

Plug Power, Inc. has strategic agreements with Airbus, Lhyfe, Edison Motors, Phillips 66, Apex Clean Energy, BAE Systems, and Universal Hydrogen Co. The partnership with Airbus is exploring the use of hydrogen in airplanes and airports, the partnership with Lhyfe is expanding hydrogen use in the EU logistics market, the partnership with Edison Motors is focused on a hydrogen-only city bus solution, and the deal with Phillips 66 aims at expanding and scaling Plug Power’s hydrogen production capabilities as needed.

 

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PLUG Stock News Headlines

October 4, 2022 | marketbeat.com
A Trio of Q3 Winners With Room to Run (PLUG)
It's those rare bright spots in a dim market that can be the best places to hide. Here are three Q3 outperformers that still have good upside.
September 9, 2022 | marketbeat.com
MarketBeat: Week in Review 9/5 – 9/9 (PLUG)
The recent rally in stocks could change when the CPI comes out next week. While we wait, here are some of this week's most popular articles from MarketBeat
September 8, 2022 | marketbeat.com
The One Hydrogen Fuel Cell Stock To Rule Them All 
If you want to get into the hydrogen fuel cell market there is really only one choice for serious investors, Plug Power, and its growing number of clients.
October 4, 2022 | finance.yahoo.com
What's Propelling Shares of Plug Power Higher Today
October 2, 2022 | seekingalpha.com
Plug Power: Investors Who Didn't Chase In August Avoided The Selloff - Be Patient
September 30, 2022 | finance.yahoo.com
Plug Power (PLUG) Stock Moves -0.14%: What You Should Know
September 29, 2022 | finance.yahoo.com
Plug Power Stock Sees Relative Strength Rating Jump To 90
September 28, 2022 | msn.com
Looking Into Plug Power's Recent Short Interest
September 28, 2022 | finance.yahoo.com
Here is What to Know Beyond Why Plug Power, Inc. (PLUG) is a Trending Stock
September 24, 2022 | seekingalpha.com
Flying taxi maker Eve top industrial gainer thrice in a row, Plug Power sees No. 1 loser tag
September 23, 2022 | baystreet.ca
Plug Power Hooks up with Lhyfe
September 23, 2022 | finance.yahoo.com
Plug 1MW Electrolyzer Commissioned at World’s First Floating Offshore Green Hydrogen Production Site
September 23, 2022 | finance.yahoo.com
Why Plug Power Stock Was Short-Circuiting This Week
September 23, 2022 | finance.yahoo.com
“Still Optimistic”: 10 American Manufacturing Stocks to Buy Now
September 22, 2022 | benzinga.com
7PLUG : Plug Power Whale Trades Spotted
September 20, 2022 | reuters.com
Amazon-backed firm to help power its trucking fleet with electrofuels
September 16, 2022 | seekingalpha.com
Plug Power: Green Hydrogen Produces A Lot Of Red
September 15, 2022 | finance.yahoo.com
Plug Power (PLUG) Stock Moves -0.98%: What You Should Know
September 15, 2022 | benzinga.com
6PLUG : This Is What Whales Are Betting On Plug Power
September 14, 2022 | barrons.com
SHAREHOLDER ALERT: Plug Power Inc. (PLUG) Officers and Directors Under Investigation for Possible False Statements and Insider Trading
September 13, 2022 | msn.com
Hopeful Golden Cross Forms On Plug Power's Chart
September 12, 2022 | benzinga.com
Thinking about buying stock in Neurobo Pharmaceuticals, Plug Power, Mullen Automotive, Vinco Ventures, or Marathon Digital?
September 8, 2022 | nasdaq.com
Interesting PLUG Put And Call Options For October 28th
September 8, 2022 | finance.yahoo.com
Why Shares of Plug Power Are Popping Today
September 8, 2022 | finance.yahoo.com
Plug Power stock jumps as Evercore analyst says Lhyfe order is 'first of many' from a key partner
See More Headlines
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PLUG Company Calendar

Last Earnings
8/09/2022
Today
10/06/2022
Next Earnings (Estimated)
11/08/2022
Fiscal Year End
12/31/2022
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Electrical industrial apparatus
Sub-Industry
N/A
Sector
Industrial Products
Current Symbol
NASDAQ:PLUG
CUSIP
N/A
CIK
1093691
Web
www.plugpower.com
Phone
(518) 782-7700
Fax
518-782-9060
Employees
2,449
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$33.86
High Stock Price Forecast
$53.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
+58.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
19 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($1.09)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-459,960,000.00
Net Margins
-105.26%
Pretax Margin
-107.97%
Return on Equity
-13.73%
Return on Assets
-10.71%

Debt

Debt-to-Equity Ratio
0.12
Current Ratio
9.10
Quick Ratio
8.10

Sales & Book Value

Annual Sales
$502.34 million
Price / Sales
24.56
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$7.99 per share
Price / Book
2.67

Miscellaneous

Outstanding Shares
578,700,000
Free Float
574,645,000
Market Cap
$12.34 billion
Optionable
Optionable
Beta
1.75

Social Links


Key Executives

  • Mr. Andrew J. MarshMr. Andrew J. Marsh (Age 66)
    Pres, CEO & Director
    Comp: $1.45M
  • Mr. Paul B. Middleton CPAMr. Paul B. Middleton CPA (Age 55)
    Exec. VP & CFO
    Comp: $772.5k
  • Mr. Gerard L. Conway Jr.Mr. Gerard L. Conway Jr. (Age 57)
    Exec. VP, Gen. Counsel & Corp. Sec.
    Comp: $743.21k
  • Mr. Sanjay K. ShresthaMr. Sanjay K. Shrestha (Age 48)
    Exec. VP, GM of Energy Solutions & Chief Strategy Officer
    Comp: $761.54k
  • Mr. Dirk Ole Hoefelmann (Age 54)
    Exec. VP & GM of Electrolyzers
    Comp: $835.92k
  • Mr. Martin D. Hull (Age 54)
    Chief Accounting Officer & Corp. Controller
  • Mr. Tim Cortes
    Chief Technology Officer
  • Dr. Preeti Pande Ph.D.
    Chief Marketing Officer
  • Ms. Tammy Kimble
    VP of HR
  • Mr. Keith C. SchmidMr. Keith C. Schmid (Age 59)
    GM of New Markets & Pres of New Product Devel.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













PLUG Stock - Frequently Asked Questions

Should I buy or sell Plug Power stock right now?

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Plug Power in the last twelve months. There are currently 7 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PLUG shares.
View PLUG analyst ratings or view top-rated stocks.

What is Plug Power's stock price forecast for 2022?

19 analysts have issued 12-month price targets for Plug Power's stock. Their PLUG share price forecasts range from $19.00 to $53.00. On average, they predict the company's stock price to reach $33.86 in the next year. This suggests a possible upside of 54.1% from the stock's current price.
View analysts price targets for PLUG or view top-rated stocks among Wall Street analysts.

How have PLUG shares performed in 2022?

Plug Power's stock was trading at $28.23 on January 1st, 2022. Since then, PLUG shares have decreased by 22.2% and is now trading at $21.97.
View the best growth stocks for 2022 here.

When is Plug Power's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our PLUG earnings forecast.

How were Plug Power's earnings last quarter?

Plug Power Inc. (NASDAQ:PLUG) released its quarterly earnings data on Tuesday, August, 9th. The electronics maker reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.20) by $0.10. The electronics maker had revenue of $151.30 million for the quarter, compared to analysts' expectations of $162.31 million. Plug Power had a negative net margin of 105.26% and a negative trailing twelve-month return on equity of 13.73%. Plug Power's revenue was up 21.5% compared to the same quarter last year. During the same period last year, the business posted ($0.18) EPS.

What guidance has Plug Power issued on next quarter's earnings?

Plug Power issued an update on its FY 2022 earnings guidance on Tuesday, September, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $900.00 million-$925.00 million, compared to the consensus revenue estimate of $908.73 million.

What is Andy Marsh's approval rating as Plug Power's CEO?

27 employees have rated Plug Power Chief Executive Officer Andy Marsh on Glassdoor.com. Andy Marsh has an approval rating of 52% among the company's employees. This puts Andy Marsh in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Plug Power own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Plug Power investors own include FuelCell Energy (FCEL), Advanced Micro Devices (AMD), Tesla (TSLA), NIO (NIO), NVIDIA (NVDA), Ballard Power Systems (BLDP), Micron Technology (MU), Block (SQ) and Nokia Oyj (NOK).

What is Plug Power's stock symbol?

Plug Power trades on the NASDAQ under the ticker symbol "PLUG."

How do I buy shares of Plug Power?

Shares of PLUG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Plug Power's stock price today?

One share of PLUG stock can currently be purchased for approximately $21.97.

How much money does Plug Power make?

Plug Power (NASDAQ:PLUG) has a market capitalization of $12.71 billion and generates $502.34 million in revenue each year. The electronics maker earns $-459,960,000.00 in net income (profit) each year or ($1.09) on an earnings per share basis.

How many employees does Plug Power have?

The company employs 2,449 workers across the globe.

How can I contact Plug Power?

Plug Power's mailing address is 968 ALBANY-SHAKER ROAD, LATHAM NY, 12110. The official website for the company is www.plugpower.com. The electronics maker can be reached via phone at (518) 782-7700, via email at investors@plugpower.com, or via fax at 518-782-9060.

This page (NASDAQ:PLUG) was last updated on 10/6/2022 by MarketBeat.com Staff

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